Why is HOV Services falling/rising?

As of 31-Jul, HOV Services Ltd is experiencing a decline in its stock price, currently at 55.90, reflecting a decrease of 0.88 or 1.55%. The stock has underperformed its sector today by 0.95% and has reversed its trend after three consecutive days of gains. Over the past week, the stock has fallen by 5.25%, while it has decreased by 2.95% over the last month. Despite positive financial results in the last five quarters, including an 83.33% growth in PAT and a 36.92% increase in net sales, the stock has generated a return of -17.91% over the past year, indicating a disconnect between its strong earnings growth and stock performance. Additionally, while the stock is trading at a discount compared to its peers, its long-term fundamental strength is perceived as weak, contributing to the recent price decline.
In the broader market context, HOV Services has consistently underperformed against the benchmark, with a return of -17.91% over the past year compared to a slight decline of 0.68% in the Sensex. The stock's performance over the last three years has also been lackluster, with consistent underperformance against the BSE500. Although there has been a rise in investor participation, as indicated by a significant increase in delivery volume, the overall sentiment remains cautious due to the stock's historical underperformance and weak long-term growth prospects.